Active

$500,000

Portland, OR 97229

--beds

0baths

5.02Acres

Unimproved Land

Built in ----

5.02 Acres Lot

$659,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Secluded dead-end roadForested retreat

Discover a unique chance to own a serene, 5-acre parcel in Forest Park, offering the perfect forested retreat on a secluded, dead-end road for you to build your dream home. Located in unincorporated Multnomah County and zoned RR, this property comes with no HOA restrictions. Utilities available nearby. Enjoy access to top-rated schools: Bonny Slope Elementary, Tumwater Middle School, and Sunset High School. Conveniently located 3 minutes from Forest Heights Park & Forest Park Elementary, 20 minutes to Nike, Intel, OHSU and downtown Portland. Buyer to do due diligence. Use neighbors address of 3348 NW Spencer St. Portland in GPS for navigation to the property.

47 days

138

12

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Property

Lot

Size: 5.02 Acres
Features: Wooded, Gentle Sloping, Acres 5 to 7

Details

Parcel number: R324551
Zoning: RR

Utilities & green energy

Utilities for property: Electricity Available, Natural Gas Available, Water Available

Community & HOA

Community

Subdivision: Forest Park

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Annual tax amount: $1,915
Date on market: 2/19/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$659,000

$560,000 - $771,000

$3,410/mo

Price history

Date	Event	Price
2/19/2026	Listed for sale	$500,000-15.5%
Source: RMLS (OR) #620812793 Report a problem
9/5/2023	Sold	$592,000-1.2%
Source: RMLS (OR) #23660166 Report a problem
8/3/2023	Pending sale	$599,000
Source: RMLS (OR) #23660166 Report a problem
7/27/2023	Listed for sale	$599,000
Source: RMLS (OR) #23660166 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,226 +4.6%	$340,710 +3%
2024	$5,954 +3.4%	$330,790 +3%
2023	$5,761 +2.4%	$321,160 +3%
2022	$5,626 +3.9%	$311,810 +3%
2021	$5,415 +6.3%	$302,730 +3%
2020	$5,092 +3.6%	$293,920 +3%
2019	$4,917	$285,360 +3%
2018	$4,917 +3.4%	$277,050 +3%
2017	$4,753 +7.3%	$268,990 +3%
2016	$4,431	$261,160 +3%
2015	$4,431 +2.8%	$253,560 +3%
2014	$4,312 +5.2%	$246,180 +3%
2013	$4,099 +19.3%	$239,010 +7.7%
2012	$3,435 +2.9%	$221,900 +3%
2011	$3,339 +3.3%	$215,440 +3%
2010	$3,233 +2.1%	$209,170 +3%
2009	$3,167 +6.8%	$203,080 +3%
2008	$2,966 +1.2%	$197,170 +3%
2007	$2,930 +8.8%	$191,430 +3%
2006	$2,694 -8%	$185,860 +3%
2005	$2,928 +12.7%	$180,450 +3%
2004	$2,598 -6%	$175,200 +3%
2003	$2,763 +14%	$170,100 +3%
2002	$2,424 +10.6%	$165,150 +6.1%
2000	$2,192	$155,670

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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